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Home Financing

Asked by Anonymous 24 May 2014

HI,If i taking bank loan for my resale hdb, can i know how the bank to deduct the installment using cpf money? it will automatic deduction or i need to pay cash? thank for advise

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Mike Lim · Answer 1 · 2014-05-24T12:08:52+08:00

Mike Lim

Replied 24 May 2014

Afternoon, If your monthly CPF contribution is sufficient to cover the monthly repayment amount, the bank will do the deduction directly, after you have fill up the GIRO form. FYI Mike Lim 96929209 m52i@yahoo.com ERA Read More

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